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Leatt (OTCMKTS:LEAT) Share Price Crosses Below Fifty Day Moving Average - Time to Sell?

Leatt logo with Consumer Discretionary background

Key Points

  • Leatt Corp. (OTCMKTS:LEAT) saw its stock price fall below the 50-day moving average of $11.99, trading as low as $11.95.
  • The company reported $0.18 earnings per share for the last quarter with a market capitalization of $75.24 million and a price-to-earnings ratio of 40.33.
  • Leatt specializes in developing and marketing personal protective equipment, including the innovative Leatt-Brace system designed to protect against neck injuries.
  • Interested in Leatt? Here are five stocks we like better.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $11.99 and traded as low as $11.95. Leatt shares last traded at $12.10, with a volume of 1,200 shares changing hands.

Leatt Price Performance

The stock has a market capitalization of $75.24 million, a price-to-earnings ratio of 40.33 and a beta of 0.93. The business has a 50 day simple moving average of $11.99 and a 200-day simple moving average of $9.07.

Leatt (OTCMKTS:LEAT - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.18 earnings per share (EPS) for the quarter. Leatt had a return on equity of 4.90% and a net margin of 3.51%.

Leatt Company Profile

(Get Free Report)

Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.

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